About Food Storage Box
Food Storage Box helps in safety and maintaining a good quality of food. Ideal Household Food Storage Box extends the shelf life of food, which depends on the food type, packaging, and storage conditions particularly temperature and humidity. There is a wide range of food packaging and containers now available made up of different materials. The refrigerator segment is one of the most innovative segments taken its root in the food storage container segment in which a wide variety of foodstuffs are contained and preserved through the use of low temperatures. The household food storage container segment has its well-established market in the developed countries for ages. School and work lunches, playgrounds and picnics, outdoor adventures, and travel—durable leak-proof containers make it easy to eat healthier and reduce waste on the go.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.0% |
The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Storage Box market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Glasslock (United States), Snapware, Rubbermaid(United States), OXO Good(United States), Prep Naturals (United States), Royal (Australia) and EcoVessel (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Food Storage Box market by Type (Oven Safe, Freeze and Leak-Proof), Application (Fruit & Vegetable, Plastic, Paper & Paperboard, Metal and Glass) and Region.
On the basis of geography, the market of Food Storage Box has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by By Use, the sub-segment i.e. Rigid will boost the Food Storage Box market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Materials, the sub-segment i.e. Fruits & Vegetable will boost the Food Storage Box market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing online sales channel
Market Growth Drivers:
The constant rise in urbanization has led to an increase in people’s spending on food and foodservice establishment and Rise in the sales of food containers.
Challenges:
Key competition between manufacturers
Restraints:
Substitute availablity in the market
Opportunities:
Market Opportunities due to the busy lifestyle adopted by the consumers especially in developed countries
Market Leaders and their expansionary development strategies
On November 22, 2023, Sistema Plastics, a New Zealand-based maker of food storage containers, announced a strategic partnership with US-based reusable bottle company, S'well. The partnership aims to expand Sistema's reach in the US market and leverage S'well's brand recognition.
On December 5, 2023, Ziploc unveiled its new Home & Kitchen Collection, featuring reusable food storage bags and containers with leakproof closures and microwave-safe features.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Food Storage Box Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.